GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Data Patterns (India) Ltd (NSE:DATAPATTNS) » Definitions » Asset Turnover

Data Patterns (India) (NSE:DATAPATTNS) Asset Turnover : 0.05 (As of Sep. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Data Patterns (India) Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Data Patterns (India)'s Revenue for the three months ended in Sep. 2024 was ₹910 Mil. Data Patterns (India)'s Total Assets for the quarter that ended in Sep. 2024 was ₹17,018 Mil. Therefore, Data Patterns (India)'s Asset Turnover for the quarter that ended in Sep. 2024 was 0.05.

Asset Turnover is linked to ROE % through Du Pont Formula. Data Patterns (India)'s annualized ROE % for the quarter that ended in Sep. 2024 was 8.97%. It is also linked to ROA % through Du Pont Formula. Data Patterns (India)'s annualized ROA % for the quarter that ended in Sep. 2024 was 7.12%.


Data Patterns (India) Asset Turnover Historical Data

The historical data trend for Data Patterns (India)'s Asset Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Data Patterns (India) Asset Turnover Chart

Data Patterns (India) Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Asset Turnover
Get a 7-Day Free Trial 0.55 0.72 0.60 0.42 0.33

Data Patterns (India) Quarterly Data
Mar19 Mar20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.07 0.10 0.11 0.06 0.05

Competitive Comparison of Data Patterns (India)'s Asset Turnover

For the Aerospace & Defense subindustry, Data Patterns (India)'s Asset Turnover, along with its competitors' market caps and Asset Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Data Patterns (India)'s Asset Turnover Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Data Patterns (India)'s Asset Turnover distribution charts can be found below:

* The bar in red indicates where Data Patterns (India)'s Asset Turnover falls into.



Data Patterns (India) Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

Data Patterns (India)'s Asset Turnover for the fiscal year that ended in Mar. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2024 )/( (Total Assets (A: Mar. 2023 )+Total Assets (A: Mar. 2024 ))/ count )
=5198/( (14349.4+16917.7)/ 2 )
=5198/15633.55
=0.33

Data Patterns (India)'s Asset Turnover for the quarter that ended in Sep. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=910.2/( (0+17018.1)/ 1 )
=910.2/17018.1
=0.05

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.


Data Patterns (India)  (NSE:DATAPATTNS) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

Data Patterns (India)'s annulized ROE % for the quarter that ended in Sep. 2024 is

ROE %**(Q: Sep. 2024 )
=Net Income/Total Stockholders Equity
=1211.2/13496.2
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1211.2 / 3640.8)*(3640.8 / 17018.1)*(17018.1/ 13496.2)
=Net Margin %*Asset Turnover*Equity Multiplier
=33.27 %*0.2139*1.261
=ROA %*Equity Multiplier
=7.12 %*1.261
=8.97 %

Note: The Net Income data used here is four times the quarterly (Sep. 2024) net income data. The Revenue data used here is four times the quarterly (Sep. 2024) revenue data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

Data Patterns (India)'s annulized ROA % for the quarter that ended in Sep. 2024 is

ROA %(Q: Sep. 2024 )
=Net Income/Total Assets
=1211.2/17018.1
=(Net Income / Revenue)*(Revenue / Total Assets)
=(1211.2 / 3640.8)*(3640.8 / 17018.1)
=Net Margin %*Asset Turnover
=33.27 %*0.2139
=7.12 %

Note: The Net Income data used here is four times the quarterly (Sep. 2024) net income data. The Revenue data used here is four times the quarterly (Sep. 2024) revenue data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


Data Patterns (India) Asset Turnover Related Terms

Thank you for viewing the detailed overview of Data Patterns (India)'s Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Data Patterns (India) Business Description

Traded in Other Exchanges
Address
Plot H9, Fourth Main Road, SIPCOT IT Park, Siruseri, Off Rajiv Gandhi Salai (OMR), Chennai, TN, IND, 603103
Data Patterns (India) Ltd is a defense and aerospace electronics solutions provider catering to the indigenously developed defense products industry. The company caters to the entire spectrum of defense and aerospace platforms offering products like cockpit and rugged displays, naval systems, space systems, radar and radar systems, electronic warfare, and avionic systems among others. It operates only in one business segment i.e. manufacture and sale of electronic boards and systems and related maintenance services for the defense sector. Geographically, a majority of its revenue is generated from its operations in India.

Data Patterns (India) Headlines

No Headlines